"CSR Talked Me Into This"

USAA Rewards™ World MasterCard® Review
Card Reviews
Add Your Own

Written by: john1979 on 2008-02-18

Overall Satisfaction Star Rating
Customer Service Star Rating
Rewards Star Rating
Account Management Star Rating
Delivery Time Star Rating

john1979's review: Callout Comment Refinanced my car with USAA for 5.49% however I was 2k short on the LTV. CSR told me to apply for USAA MC and then I could do a BT for the 2K. I was approved instantly for 5K but didn't transfer the balance because there were no intro rates available( ex 0% for 12 months). So I ended up doing a BT with a pre-existing chase account for 0.99% for 10 months. Oh well I saved 2.5% on the Auto loan and now have yet another Mastercard. At least the cards I most recently applied for have decent CL's. Im contemplating closing orchard even though its my oldest card.(6 years) but honestly I have no need for the card. The interest rate is crazy, there is an annual fee and the credit limit(1400) is a joke. Any feedback will help. Thanks everyone!


Comment 1 by hjm331
What The... User Icon on 2008-02-18

Remarks The AF for this card is $1,400?!?!
Comment 2 by john1979
RE: User Icon on 2008-02-18

Remarks No the AF is $49... The Credit Limit is $1400... Not even worth my time to be honest...
Comment 3 by hjm331
RE: John User Icon on 2008-02-18

Remarks Oh ok. I thought the limit was $5k, guess not. If you don't need the card, don't even keep it open nor pay them the AF.
Comment 4 by meya
I Feel You User Icon on 2008-02-18

Remarks I have had Orchard for over 4 years now and my limit is only $1300. I am getting rid of them as soon as I start to get my teir one cards. I don't care if my score drops, they can have this card back. It is not worth it especially when you have other cards twice orchard limit.
Comment 5 by john1979
RE: User Icon on 2008-02-19

Remarks Hell Ya Meya, that's what Im talking about... I know a good place for Orchard to stick their card. It is the worst card, yet the oldest... Figure that one out. Plus if I cancel this one it will free up a HSBC account.(You know the 2 max HSBC accts rule) But chances are I will never get another HSBC acct. I have a BestBuy MC already so I think Im good. When the AF is due later this month Im dropping them. I can think of better things to do with the $49 annual fee!
Comment 6 by meya
Okay User Icon on 2008-02-19

Remarks Hellllooo (snaps)! Tell me about it. Pretty soon I am giong to start a new forum, "Who let Orchard Go"... Lol! I know where I am going to put their card... It wont be the shredder... Hehehehehe
Comment 7 by arod
Well Meya User Icon on 2008-02-19

Remarks Pay it off and put it away. Its still good to have that line in your credit report.

I will say don't close it pay it off and put it in your closet this old account is worth keeping

It happen to me already,

Well Good luck on what you decide,

Take care,

Comment 8 by hjm331
RE: Meya User Icon on 2008-02-19

Remarks Meya, ARod is right. Don't close this account since it is your oldest card since you started rebuilding your credit. You have worked hard for a great payment history and don't let it go down the drain. Just pay it off, don't use it, and put it away somewhere in your house.
Please login or register for free to view your stats, add reviews and card application results, or post comments.
Credit card reviews and comments are posted by user submission and do not warrant the opinions of Finance Globe.

Disclaimer: This content is not provided by USAA Savings Bank. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by USAA Savings Bank. Review content is powered by Finance Globe.